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Protective has helped people achieve protection and security in their lives for over 117 years.
The Role
The work we do has an impact on millions of lives, and you can be a part of it.
We help protect our customers against life’s uncertainties. Regardless of where you work within the company, you’ll be helping provide protection and peace of mind when our customers need it most.
Protective is seeking an Actuarial Assistant II or Associate Actuary to join our Actuarial Life Projections team. This role is critical in performing projections and advanced analytics to support regulatory and business requirements, including business planning, embedded value analysis, cash flow testing, and capital standards.
A successful candidate will analyze in-force business, develop tools to improve efficiency, and provide modeling expertise for new functionality. This position offers the opportunity to work on complex projects, collaborate across departments, and contribute to strategic decision-making.
Key Responsibilities:
- Perform projections and analytics for business planning, embedded value (including value of new business), annual cash flow and risk-based capital (RBC) testing, and international capital standards.
- Analyze period-over-period results at company and product levels, explain changes, and document findings.
- Validate projection models dynamically and support inquiries related to experience, reinsurance, and acquisitions.
- Develop tools and implement new technology such as visual analytics software to enhance analysis.
- Provide modeling expertise for new functionality, including dynamic assumptions, predictive models, and stochastic modeling.
- Prepare reports, memos, and documentation to communicate results effectively.
Skills, Abilities & Knowledge Required:
- Strong analytical and problem-solving skills with attention to detail.
- Excellent verbal and written communication skills.
- Ability to work collaboratively across teams.
- Familiarity with actuarial modeling systems; experience with PolySystems is a plus.
- Knowledge of Statutory and U.S. GAAP valuation methodologies.
- Proficiency or willingness to learn SQL and visual analytics tools such as Power BI or Tableau.
Qualifications:
- Near-ASA or recent ASA designation preferred.
- 3–4 years of actuarial experience in asset/liability modeling, pricing, or financial reporting.
- Experience with PolySystems is a plus but not required.
- Strong curiosity and ability to drill into issues for deeper understanding.
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Employee Benefits:
We aim to protect the wellbeing of our employees and their families with a broad benefits offering. In addition to offering comprehensive health, dental and vision insurance, we support emotional wellbeing through mental health benefits and an employee assistance program. Work/life balance is important and Protective offers a variety of paid time away benefits (e.g., paid time off, paid parental leave, short-term disability, and a cultural observance day). The financial health of our employees is just as important as physical and emotional health. Some of the financial wellbeing benefits include contributions to healthcare accounts, a pension plan, and a 401(k) plan with Company matching. All employees are encouraged to protect their overall wellbeing by engaging in ProHealth Rewards, Protective’s platform to improve wellbeing while earning cash rewards.
Eligibility for certain benefits may vary by position in accordance with the terms of the Company’s benefit plans.
Accommodations for Applicants with a Disability:
If you require an accommodation to complete the application and recruitment process due to a disability, please email [email protected]. This information will be held in confidence and used only to determine an appropriate accommodation for the application and recruitment process.
Please note that the above email is solely for individuals with disabilities requesting an accommodation. General employment questions should not be sent through this process.
We are proud to be an equal opportunity employer committed to being inclusive and attracting, retaining, and growing an inclusive workforce.
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The Company
What We Do
Protective Life Corporation (Protective) provides financial services through the production, distribution and administration of insurance and investment products throughout the United States. Protective traces its roots to its flagship company founded in 1907, Protective Life Insurance Company. Throughout its more than 110-year history, Protective’s growth and success can be largely attributed to its ongoing commitment to serving people and doing the right thing — for its employees, distributors and, most importantly, its customers. Protective’s home office is located in Birmingham, Alabama, and its 3,000+ employees work across the United States. As of June 30, 2020, Protective had assets of approximately $123 billion. Protective Life Corporation is a wholly owned subsidiary of Dai-ichi Life Holdings,
